Investing is scary because the world of finance is the ultimate confusopoly. There are so many options from which to choose that many people are willing to pay perhaps 1% of their portfolios per year for experts to manage their money. And those experts might invest your money in managed mutual funds (managed by yet other experts) that charge you another 1% to pick stocks for you. And this is despite the fact that on average, experts can't beat a monkey with a dartboard when it comes to pick...
Published on May 04, 2010 08:13